Member Info for Not2sure

Spod still creeping up !

Oh believe me happy go lucky Kylie will be out again soon sounding the death knell for all concerned 😟

I would echo Jezzoo's comments Quady ..you might be getting a little ahead of yourself there..we are still as far from production as we are being sold !

Unfortunately does not really work like that..there are currently mines on care and maintenance and new projects put on hold ..until there is clear indication spod price is recovering investment is unlikely to be forthcoming certainly not on the terms that management thought were achievable..at the end of the day government on a local and national kevel want to see the oroject go forward and I go back to what I said and what is now intimated that the fairest and most amicable way forward is to have a sliding scale of royalties over and above an agreed range of price achieved rather than a lump sum regardless

I see Kodal have announced their offtake agreement today and they clearly expect the Mali government to allow them to export spod to China

No I think I missed that RNS !

Solgold would need an offer first before they could ask for a halt 😆

Nobody seems bothered to get this sorted..very tiresome..even if ALL manage to renegotiate the deal I wonder how easy it will be to ratify !

Feels like a bit of a ghost town here , pretty much just like Ewoyaa probably is at the mo waiting for the important politicians to decide everyones fate !!

Lol hindsight is a wonderful thing rugs..on that basis I wish I had sold all of my holding at 66p instead of just 10000 and bought them all back yesterday !!

Kylie give it a rest ..you are sounding more broken than Sound ..I would imagine most on here are resigned to whatever fate befalls Sound and will not sell now regardless..why do you feel the need to keep banging that drum of yours like someone left standing at the altar seeking revenge on your runaway suitor ?

NH has been on record just recently saying discussions have been very positive with the NDC and although a very slow process hopefully we will get a favourable outcome for all in the not too distant future..yes the Chinese have got their fingers in pies everywhere but they certainly have not got a blemish free record in Africa

Lol that was 2 typos on the train then ! and I think you definitely touched a nerve Winni !

Exactly Winni but his/her English may be better and give you a correction lol

You may very well be right but reminding everyone on here every time a little bit of red is showing on the sp is at best unhelpful !

Kylie your desire for Sou capitulation is embarrassingly palpable..please do yourself and us a favour and find another hobby to take up your time !

That was my first thought as well Lilpeep..does not mean that we are correct but hopefully this mess gets cleared up very soon !

That would be every day scot !!

MIIF taking a bigger chunk of equity than first agreed as per the mining agreement I should have said

Hopefully if revised deal is on the table maybe the royalty drops to say around 6 % but with a sliding scale of profit back to the government once spod prices have recovered and MIIF maybe taking a bigger chunk but at a better price than originally agreed so there is compromise on both sides , the project stands a good chance of getting off the ground and MIIF and the government both prosper albeit in a slightly different economic arrangement than first agreed